Dalian Development News Today

Dalian Development has formally filed an appeal to try to reverse a Richmond Circuit Court ruling related to a lease dispute on a surface parking lot it owns at 3210 W. Marshall St. 

The 51-spot parking lot is leased to Hem + Spire, a North Carolina firm that owns a mixed-use complex across the street at 1300 MacTavish Ave.

The ruling allows developer Hem + Spire to keep its lease on the parking lot for potentially another 16 years, restricting Dalian Development's plan to develop the entire block.

Scott’s Addition's first planned food hall has become the subject of a legal battle, while a parking lot dispute elsewhere in the neighborhood continues to play out in court.

The owner of the parking lot wants to include it in its planned redevelopment, but the company that leases the 51 spots allegedly isn’t cooperating.

A spat over parking spaces in Scott’s Addition has spilled into court and may be tying up a new development project in the neighborhood.

We discuss the factors that make investing in Dalian a viable option for foreign companies intending to establish operations in China.

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